Wednesday, May 9, 2018

Plentix: Blockchain Based Referral & Reward




The advent of cryptocurrencies and the tokenized economy makes it possible to re-imagine the entire value chain of consumer, products, and producers from a referral perspective. We present Plentix, a tokenized platform that enables users to refer other users to a business entity and enables business entities to leverage existing APIs for industry specific referrals and allows for safe, secure, trustless value exchange to take place. Unlike other referral platforms, Plentix unleashes the potential of a new global ecosystem to monetize referrals for every stakeholder, from the producer to the consumer.


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ABOUT PLENTIX

Plentix is a referral program platform that is aiming to revolutionize the whole referral business and create a tokenized economy. Plentix is also blockchain-based solution for the modern referral economy. It aims to spread rewards to all participants in the referral economy, including merchants, users, friends, and app developers. These participants receive rewards in the form of Plentix tokens.It will use the full potential of the referral domain as a new major ecosystem will be established. With Plentix the consumers will be able to refer to other consumers or businesses while the business will get the advantage from using the platform as it leverages the current referral APIs. As a result, both consumers and producers will benefit from Plentix services as all the referrals will be monetized.

Plentix offers a one-stop shop for business and referrers to centrally create, signup, track referrals and interactions. The platform would alleviate wasted time and effort for consumers and, at the same time, creating phenomenal savings for businesses from a people, process and technology standpoint. With Plentix a business - or user - does not have to face the complexity of creating, integrating and customizing a referral based solution.

The user can access to multiple businesses across various sectors with the Plentix mobile app, or via its website. The user is able to seamlessly login to the Plentix platform to find, share, and manage all of their referrals. At the same time a clean architecture is in place for developers. Developers who are interested in the platform can create different modules for specific categories - gaining payment in Plentix tokens when a business uses their module. Plentix is the perfect platform for developers seeking to innovate and help fill an unmet market need.

Plentix’s platform also empowers developers to write their modules for side functionalities. This may include tracking of the number of customers each business has got from Plentix and the channel (ie. Facebook) through which their friends were referred. Plentix offers the capability to refer users who are not members of the platform by routing the invitation through social media, email or SMS - giving all members an easy, straight-forward way to interact. Plentix will make analytical information accessible, detailed statistics for each business will be hashed with each business's public key and will be visible only to each business using their private keys.




PLENTIX FEATURES

Plentix emphasizes the following features:

> Decentralized and Automated: 
Plentix is a decentralized platform built on blockchain technology. It gives businesses and developers a structure while still remaining free and avoiding intermediary fees.

> Innovative Architecture: 
Businesses will have a wide range of integration options, allowing them to seamlessly plug their CRM or POS systems into the platform. Developers can build their own applications or integrate with the Plentix application.

> Flexible Reward Options: 
Plentix users can customize how they reward their referral network. The referrer may get a 10% reward in tokens for every referral that makes a purchase or gets commissions for the first three purchases, for example. Businesses can choose to reward in Plentix tokens or other currencies.

> Access to Tokenized Referrals: 
Every time business and customers connect, and every time someone makes a recommendation, the Plentix token stores and transfers the value of that referral. The end result is a token that represents the value of a referral. As more people use the platform, the value of the token should increase.


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HOW PLENTIX WORKS

Plentix aims to reimagine the referral process by rewarding all participants in the referral economy.

In today’s referral economy, only the referrer will earn a reward. A referrer refers someone to a product or service, then receives a payment from the maker of that product or service.

Plentix aims to create a new ecosystem where all participants have the chance to earn money. One key way in which Plentix does that is by giving both developers and businesses a tremendous amount of flexibility, as well as a chance to earn money through their developments.

For example, a business or developer can use the Plentix API sets to write his or her own software modules, applications, or feature sets. These can be developed on-platform or through a third party application. When these features are implemented into the Plentix software, the developer can receive a reward.

Let’s say a developer creates an API, and a customer uses that API to refer someone to the platform. In this situation, the developer receives a reward.

Meanwhile, the core Plentix ecosystem manages all referrals and transactions on the platform. The goal of the platform is to offer a one-stop shop for businesses and referrers, allowing them to centrally create, signup, and track referrals and interactions.

Users can access multiple businesses across various sectors with the Plentix mobile app or website. There’s no need to interact with multiple referral platforms across multiple industries.

Here’s the basic process Plentix referral:

1) You can refer a friend using the easy-to-use Plentix dashboard. That dashboard can rout your invitation through social media, email, or SMS. You choose the product or service you’re trying to send to someone, then choose how you’d like to send that offer.

2) The referee (the person you’re sending the referral to) will receive a discount code. They can use that discount code to purchase a product or service from a specific business. Some codes will allow the purchase of one product or service. Other codes can be used multiple times. Some codes will expire after a certain period of time, while others will not. The business sets the rules for each code.

3) The referrer (the person who sent the discount code to the referee) will receive a digital token or discount code reward, depending on the referral schema established by the business. However, the referrer will only receive the commission if the referee uses their discount code and purchases from the business.

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PLENTIX PTN ICO DETAILS

The Plentix token sale will take place in March 2018. The company is selling Plentix project tokens, or PTN during the ICO.

Here is the details:
Total Funds to be Raised: $10,000,000 USD
Accepted form of contribution: ETHEREUM
Presale Amount: $3,000,000 USD
ICO bonus: 5%*
Crowdsale Amount: $7,000,000 USD
Pre-Sale Bonus: 20%
Total Token Supply:1,000,000,000
Unsold Tokens: Burned




MILESTONE

March 2017
Smart contract codes creation and testing.

August 2017
Successful POC and MVP version release.

January 2018
Pilot projects.

April 2018
Pre-ICO & Pre-Sale and Public Sale.

July 2018
Platform development & beta test version release.

November 2018
Platform Release.

May 2019
Further Expansion.

TEAM


BOARD OF ADVISERS




FOR MORE INFORMATION ABOUT PLENTIX:
█ Website
█  Github

PLENTIX SOCIAL MEDIA:
 Telegram
 Twitter
 Facebook
 Medium
 Linkedin
 Instagram

ABOUT AUTHOR
Forum Username: tpq01349

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